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    Southern Blvd Loxahatchee, FL 33470

    For Sale
    $1,900,000

    1.75 Acres, Prime Location, $1.9M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.75-acre commercial land parcel is strategically located on Southern Boulevard in Loxahatchee Groves, Florida, within the rapidly growing Royal Palm Beach/Wellington/Loxahatchee Groves submarket of Palm Beach County. The property boasts 425 linear feet of frontage on Southern Boulevard, providing excellent visibility and accessibility. Zoned CL - Commercial Low (41-Loxahatchee Groves), this site presents a multitude of development opportunities. The area's strong demographics, including a population of 119,226 residents (2021) and a projected 7.2% growth over the next five years, indicate a robust and affluent customer base. Potential uses include, but are not limited to: restaurants (full-service or QSR), banks and financial institutions, general retail and retail services, gas stations with convenience stores, professional offices, veterinary clinics or hospitals, warehouses or self-storage facilities, childcare centers, car washes (self-service or automated), automobile repair shops, and packaged liquor, beer, or wine stores. The property's location offers convenient access to West Palm Beach, Fort Lauderdale, and Miami, making it an ideal investment for developers seeking a high-growth area with significant potential for return. The APN is 4141-4317-01808-0070. This is a rare opportunity to acquire a sizable commercial lot in a thriving community. The asking price is $1,900,000.

    Property Features for 0 Southern Blvd

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • 1.75‑acre commercial lot in Loxahatchee Groves, FL, within the Royal Palm Beach/Wellington/Loxahatchee Groves submarket.
    • 425 linear feet of frontage on Southern Boulevard.
    • CL (Commercial Low) zoning.
    • Numerous potential uses including restaurants, banks, retail, gas stations, professional offices, veterinary clinics, warehouses, childcare centers, car washes, auto repair, and liquor stores.
    • $1,900,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Loxahatchee
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.3151644
    Latitude
    26.6838995

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    FAQs

    What type of property is this?
    Land - 1.75 Acres, Prime Location, $1.9M
    Where is this land located?
    The property is located at Southern Blvd Loxahatchee, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 1.75-acre commercial lot in Loxahatchee Groves, FL, within the Royal Palm Beach/Wellington/Loxahatchee Groves submarket.; 425 linear feet of frontage on Southern Boulevard.; CL (Commercial Low) zoning.
    (561) 722-8477
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    Southern Blvd Loxahatchee, FL 33470
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Southern Blvd Loxahatchee, FL 33470
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